Investor Relations Presentation
Challenging market conditions and muted demand weighing on Group performance
Q4 EBIT adj. [€ mn] - YoY comments
23
47
55
54
30
50
(58)
MX Weak demand especially in Europe;
+ve one-timer and absence of inventory
write-down from PY
IC
Higher cost base overall only partially offset
by efficiency measures and pass-throughs;
BG with continued competition (wind China);
weaker demand at FT
AT
88
Higher factor costs (e.g. personnel) largely
offset by price and efficiency measures as
well as partial cost improvements
(63)
SE
Margin 1.0%
Cost improvements (mainly energy), offset
by normalization of spot market price
development
MS Focus on performance improvement;
performance initiatives secure margins in
new orders and stabilize profitability of order
backlog
Improvements in plant engineering
businesses (UHD, POL) and tk nucera partly
offset by declines in auto related businesses
(SP, AE)
MX
IC
ΔΥΟΥ
127
(16)
64
AT
SE
MS
MT
HQ/
Group
MT
Others
(6)
(167)
10
18
(39)
(73)
AQOQ
(27)
(9)
20
20
(137)
14
5
(20)
(155)
18 thyssenkrupp AG | Investor Relations | December 2023View entire presentation